Experience refined oceanfront living on sought-after Duck Key. This double lot estate offers 138 feet of protected deepwater dockage, complete with a solid concrete seawall designed to accommodate a sportfishing yacht, multiple center consoles, and all of your waterfront lifestyle needs. A true boater's paradise, this property offers both privacy and exceptional access to the Atlantic Ocean.The fully remodeled residence is constructed of concrete with a new roof. Inside, seven spacious bedrooms and six bathrooms provide ample accommodations for family and guests. Coastal-inspired interiors feature wood-look tile flooring throughout, woven statement light fixtures, and soaring ceilings with exposed beams and pecky cypress accents. Expansive impact windows and doors frame sweeping ocean views, bringing natural light into nearly every room. The gourmet kitchen anchors the main living space as the heart of the home, with a striking 12' island that creates the perfect setting for gatherings. Outfitted with top-of-the-line appliances, this space is equally suited for everyday living with family or hosting unforgettable evenings of entertaining. Spa-like marble bathrooms further elevate the home, blending comfort with luxury. Designed for both style and function, the property also offers a rare 4+ car garage and abundant storage. Outdoors, a sparkling pool invites afternoons in the sun, while the expansive double lot offers unmatched opportunities for expansion. Whether envisioning a private guest house, a tennis or pickleball court, or exploring the option to build and sell, this rare property provides endless possibilities for both personal enjoyment and investment potential--an uncommon luxury in the Florida Keys.Balancing modern sophistication with coastal simplicity, this sanctuary captures the essence of waterfront living from sunrise over the Atlantic to evenings by the water, in one of the most desirable neighborhoods in the Florida Keys.
For sale
Price cut: $504K (1/21)
$8,495,000
308 Sabal St, Duck Key, FL 33050
7beds
4,000sqft
Est.:
Single Family Residence
Built in 1981
0.76 Acres Lot
$-- Zestimate®
$2,124/sqft
$-- HOA
What's special
Protected deepwater dockageFully remodeled residenceSparkling poolSweeping ocean viewsTop-of-the-line appliancesGourmet kitchenExpansive double lot
- 150 days |
- 1,137 |
- 25 |
Zillow last checked: 8 hours ago
Listing updated: February 14, 2026 at 11:17pm
Listed by:
Walters Luxury Group Gloria, Rachel and Michaela Walters 305-942-6834,
Ocean Sotheby's International Realty
Source: FLKMLS,MLS#: 616613
Originating MLS: Florida Keys
Originating MLS: Florida KeysTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s), Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Disposal, Oven, Refrigerator
Features
- Built-in Cabinets, Quartz Countertops, Walk-In Closet(s), Storage
- Flooring: Tile, Other
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 4,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage, RV Parking Open, Trailer Storage, Open, Garage Door Opener, Attached
- Has attached garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony
- Exterior features: Lighting, Rain Gutters
- Has private pool: Yes
- Pool features: In Ground, Salt Water
- Has spa: Yes
- Spa features: Private
- Fencing: Fenced
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Oceanfront, Open Water, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 138
Lot
- Size: 0.76 Acres
- Features: More than 1 Lot
Details
- Additional structures: Chickee Hut
- Additional parcels included: 00385200000000
- Parcel number: 00385180000000
- Zoning: IS
- Zoning description: Improved Subivision District
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Cable Available, Buyer to Verify
Green energy
- Energy efficient items: Lighting
- Water conservation: Low-Flow Fixtures
Community & HOA
Community
- Features: Other
- Security: Smoke Detector(s), No Security
- Subdivision: Yacht Club Island (61.0)
HOA
- Has HOA: Yes
- Services included: None
Location
- Region: Duck Key
Financial & listing details
- Price per square foot: $2,124/sqft
- Tax assessed value: $3,790,348
- Annual tax amount: $30,993
- Date on market: 9/25/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$7,693/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Price change | $8,495,000-5.6%$2,124/sqft |
Source:  FLKMLS #616613 Report a problem | ||
| 9/25/2025 | Listed for sale | $8,999,000+386.4%$2,250/sqft |
Source:  Key West AOR #616613 Report a problem | ||
| 12/27/2013 | Sold | $1,850,000-2.6%$463/sqft |
Source: FLKMLS #557246 Report a problem | ||
| 11/8/2012 | Listed for sale | $1,900,000$475/sqft |
Source: REMAX Marathon Vacation Real Estate #557246 Report a problem | ||
| 8/12/2012 | Listing removed | $1,900,000$475/sqft |
Source: Listhub #557246 Report a problem | ||
| 7/6/2012 | Listed for sale | $1,900,000$475/sqft |
Source: Marathon Vacation Real Estate #557246 Report a problem | ||
| 3/22/2012 | Listing removed | $1,900,000$475/sqft |
Source: American Caribbean Real Estate #550934 Report a problem | ||
| 2/13/2011 | Price change | $1,900,000-34.5%$475/sqft |
Source: American Caribbean Real Estate #550934 Report a problem | ||
| 1/31/2010 | Listed for sale | $2,900,000+78.5%$725/sqft |
Source: American Caribbean Real Estate #550934 Report a problem | ||
| 9/5/2000 | Sold | $1,625,000+16.1%$406/sqft |
Source: FLKMLS #503758 Report a problem | ||
| 5/11/1998 | Sold | $1,400,000$350/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,924 +3% | $3,423,958 +10% |
| 2024 | $30,993 +10.3% | $3,112,689 +10% |
| 2023 | $28,091 +13.6% | $2,829,717 +10% |
| 2022 | $24,725 +6.6% | $2,572,470 +10% |
| 2021 | $23,204 +1.2% | $2,338,609 +2.2% |
| 2020 | $22,932 | $2,287,755 +1.6% |
| 2019 | $22,932 +7.5% | $2,250,944 +8.5% |
| 2018 | $21,329 +11.9% | $2,073,673 -5.3% |
| 2017 | $19,067 +4.5% | $2,189,396 +7% |
| 2016 | $18,253 +5.4% | $2,046,171 -3.5% |
| 2015 | $17,326 | $2,119,507 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$47,318/mo
Principal & interest
$41513
Property taxes
$5805
Climate risks
Neighborhood: 33050
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 12.3 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 11.5 mi
Local experts in 33050
